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Tobacco-related illness happens to every one in five Americans, and although smoking has seen a decline since the Surgeon Generals Report back in 1964, its still a popular habit

The total number of authorized products has increased from 34 to 39

"They're not, in any manner, trying to model or calculate producers' prices themselves: they're simply an assumption going into their model." That's a big flaw, because the marijuana industry is "highly fragmented, very inefficient and it is both of these things because it is still illegal." If Big Tobacco decided to dive into the weed business, the very first thing they'd do is investigate how they can bring production costs down using the same techniques they used to make machine-rolled cigarettes so cheap

AUC, area under the curve